FastMarkets

TAIWAN STEEL SCRAP: Sustained demand to support prices in near term

Sustained demand for containerized ferrous scrap imports in the key Taiwanese market should continue to support prices in the near term, market sources told Fastmarkets.

JAPAN STEEL SCRAP: High-grade export prices continue to gain amid strong domestic market

Prices for higher grades of steel scrap exported from Japan continued to increase over the past week, underpinned by a strong appetite in the domestic market, sources told Fastmarkets this...

IN FIGURES: Japan accounts for 65% of China's steel scrap imports in March

China imported 31,496 tonnes of steel scrap in March of 2021, with 20,493 tonnes, or 65.1% coming from Japan, according to the country's General Administration of Customs.

DAILY STEEL SCRAP: Mills push for lower deep-sea prices

Turkish steel producers continued to push for lower deep-sea scrap prices, while suppliers in the Baltic Sea and United States continued to maintain higher offers, market participants told Fastmarkets on...

DAILY STEEL SCRAP: Turkish mills resume deep-sea purchases, prices down $6/tonne

Turkish steel producers returned to the deep-sea scrap import market at the start of the week, booking cargoes from a range of locations at lower prices, market participants told Fastmarkets...

CHINA STEEL SCRAP: Prices, demand for imports steady

Spot prices for imported ferrous scrap in China were stable on Friday April 16 even with Chinese steel mills continuing to seek out cargoes of HRS101, the Chinese grade for...

DAILY STEEL SCRAP: Mills go slow in deep-sea markets

Turkish steel mills have extended their silence in the deep-sea scrap market due to limited finished long steel demand, especially in the domestic market, participants told Fastmarkets on Thursday April...

STEEL SCRAP WRAP: Global markets stabilize following recent price spikes

Major global steel scrap markets have started to level off in recent days following sharp increases in the preceding few weeks.

CHINA STEEL SCRAP: Buyers consider higher bids amid renewed purchasing interest

Chinese ferrous scrap buyers are considering higher bids for imported heavy scrap, with steel mills in both east and northeast China looking to purchase more quantities in the coming weeks.

VIETNAM STEEL SCRAP: Prices rise further on strengthening steel market

Import prices for ferrous scrap in Vietnam are still increasing due to a strengthening downstream steel market, though the rate of increase has slowed, sources told Fastmarkets on Friday April...